5504 Schaefer Rd
Edina, MN 55436
Parkwood Knolls- 7 Beds
- 7 Baths
- 9,141 sqft (on 0.86 acres)
7 Beds
7 Baths
9,141 sqft
(on 0.86 acres)
Home Value
Trulia Estimate
$3.98MSince last month
Decreased$22K (-0.6%)Since last year
Increased$211K (+5.6%)Since last sale
Increased$405K (+11.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -1% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $3.95M |
| July 2026 | $3.98M |
| June 2026 | $4.01M |
| May 2026 | $4M |
| April 2026 | $3.95M |
| March 2026 | $3.9M |
| February 2026 | $3.85M |
| January 2026 | $3.69M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $2,650,000 | 06/15/26 | 5 | 5.5 | 6,199 | |
0.49 | Single-Family Home | $3,350,000 | 10/06/25 | 5 | 4.5 | 7,267 | |
0.32 | Single-Family Home | $2,591,500 | 08/14/26 | 5 | 4.5 | 6,409 | |
0.39 | Single-Family Home | $2,713,000 | 06/15/26 | 5 | 5.5 | 5,909 | |
0.54 | Single-Family Home | $2,200,000 | 08/07/26 | 5 | 5.5 | 7,116 | |
0.51 | Single-Family Home | $2,625,000 | 11/24/25 | 5 | 5.5 | 6,857 | |
0.46 | Single-Family Home | $2,175,000 | 04/02/26 | 5 | 4.5 | 7,362 | |
0.37 | Single-Family Home | $1,875,000 | 06/15/26 | 6 | 3.5 | 6,265 | |
0.51 | Single-Family Home | $2,200,000 | 06/10/26 | 5 | 5.5 | 7,291 | |
0.06 | Single-Family Home | $1,451,000 | 09/05/25 | 4 | 3 | 4,686 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,478,100 | 4 | 3 | 4,686 | Off Market | |
0.15 | $3,695,000 | 4 | 4.5 | 7,608 | For Sale | |
0.13 | $830,300 | 4 | 2.5 | 3,165 | Off Market | |
0.18 | $2,204,200 | 5 | 5 | 7,472 | Off Market | |
0.14 | $2,650,000 | 5 | 5.5 | 6,199 | Recently Sold | |
0.19 | $2,222,600 | 5 | 5.5 | 6,008 | Off Market | |
0.21 | $1,371,000 | 5 | 2.5 | 4,800 | Off Market | |
0.19 | $1,304,800 | 4 | 2.5 | 3,482 | Off Market | |
0.22 | $1,359,400 | 5 | 3.5 | 5,586 | Off Market | |
0.18 | $894,800 | 5 | 4.5 | 4,557 | Off Market | |
0.21 | $1,500,900 | 4 | 3.5 | 4,422 | Off Market | |
0.19 | $1,310,000 | 4 | 3.5 | 4,614 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2006
Lot Size
0.86 acres
Living Area
9,141 sqft
Price/Sqft
$436
Parking
Garage
About this House
Only available due to relocation. Extensive renovations by Streeter Associates. Generous room sizes and unparalleled master suite. Theater room and wine cellar. Pool house with additional ½ bath, 5 garage spaces with exercise room above. Remarkably landscaped.
5504 Schaefer Rd, Edina, MN 55436 is a 7 bedroom, 8 bathroom, 9,141 sqft single-family home in Parkwood Knolls, built in 2006. It last sold for $3,550,000 on Jun 7, 2023. It is currently off market. The Trulia Estimate is $3,982,700, with a rent estimate of $5,612/month.
Home Details for 5504 Schaefer Rd
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Interior Details BasementNumber of Rooms: 17Types of Rooms: Walk In Closet |
Heating & Cooling Heating: Forced Air, Radiant, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceHot Tub or Spa |
Levels, Entrance, & Accessibility Floors: Tile, Carpet, Hardwood |
Security Security System |
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Exterior Home Features Roof: AsphaltDeckExterior: Stone, Stucco, BrickPatioPorchSprinkler System |
Pool Pool |
Parking & Garage GarageParking Spaces: 5Parking: Garage Attached, Garage Detached |
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|---|
Year Built Year Built: 2006Year Updated: 2010 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 0.86 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 7, 2023 Source: NorthstarMLS as distributed by MLS GRID #6360397 | Sold | $3,550,000 |
May 18, 2023 Source: NorthstarMLS as distributed by MLS GRID #6360397 | Pending | $3,750,000 |
Apr 25, 2023 Source: NorthstarMLS as distributed by MLS GRID #6360397 | Listed For Sale | $3,750,000 |
Apr 25, 2023 Source: NorthstarMLS as distributed by MLS GRID #6146007 | ListingRemoved | |
Sep 6, 2022 Source: NorthstarMLS as distributed by MLS GRID #6146007 | PriceChange | $3,995,000 Price decreased by 10% |
May 3, 2022 Source: NorthstarMLS as distributed by MLS GRID #6146007 | Listed For Sale | $4,450,000 |
Jul 27, 2015 Source: NorthstarMLS as distributed by MLS GRID #4589265 | Sold | $3,795,000 |
Jun 2, 2015 Source: Agent Provided | Pending | $3,900,000 |
Apr 25, 2015 Source: Agent Provided | PriceChange | $3,900,000 Price decreased by 11% |
Jan 17, 2015 Source: Agent Provided | Listed For Sale | $4,400,000 |
Feb 25, 2011 Source: Lake Superior Area Realtors as distributed by MLS GRID #1586266 | Sold | $2,350,000 |
Feb 24, 2011 Source: Agent Provided | Listed For Sale | $3,795,000 |
Jan 9, 2011 Source: Agent Provided | ListingRemoved | $2,950,000 |
Aug 20, 2010 Source: Agent Provided | Listed For Sale | $2,950,000 |
Jun 1, 2010 Source: Agent Provided | ListingRemoved | $3,795,000 |
Jul 19, 2009 Source: Agent Provided | Listed For Sale | $3,795,000 |
Apr 28, 2009 Source: Agent Provided | ListingRemoved | $3,595,000 |
Feb 10, 2009 Source: Agent Provided | Listed For Sale | $3,595,000 |
Nov 1, 2005 Source: N/A | Sold | $1,150,000 |
Apr 26, 2005 Source: N/A | Sold | $915,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $52,160 | $3,711,200 |
Home facts updated by county records
Market trends in Edina
Last updated July 2026
Avg. sale price
$789K
$66.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$260
$5MoM
Available listings
241
9MoM
Around this home
What Locals Say about Parkwood Knolls
At least 12 Trulia users voted on each feature.
100 % Say it's dog friendly
94 % Say car is needed
89 % Say parking is easy
83 % Say they plan to stay for at least 5 years
81 % Say it's quiet
81 % Say there's holiday spirit
79 % Say people would walk alone at night
71 % Say yards are well-kept
69 % Say streets are well-lit
61 % Say kids play outside
59 % Say there are community events
58 % Say neighbors are friendly
56 % Say there's wildlife
50 % Say there are sidewalks
22 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5504 Schaefer Rd
- What is 5504 Schaefer Rd estimated to be worth?Trulia's estimated value for 5504 Schaefer Rd in Edina, MN is $3,982,700.
- What is the price history for 5504 Schaefer Rd?5504 Schaefer Rd in Edina, MN last sold for $3,550,000 in June 2023.
- Is Edina a buyer's or seller's market?Edina is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Edina?The median sale price in Edina is $789K. That is up $66.5K from the prior month.
- Does 5504 Schaefer Rd have air conditioning?Yes, 5504 Schaefer Rd in Edina, MN has air conditioning.
- Does 5504 Schaefer Rd have a pool?Yes, 5504 Schaefer Rd in Edina, MN has a pool.